Civic Intelligence

Blue Mound Area Theatre

990 • Fiscal year 2021 • EIN 41-1372640

Mar 01, 2020 to Feb 28, 2021 • Filed on Oct 01, 2021

Organization ProfilePALACETHEATRE.US
127 E Main PO Box 541Luverne, MN 56156-0541

(507) 283-9546

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

59th percentile

0.06x

Higher debt load relative to assets than 59% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

72nd percentile

0.18x

Higher debt load relative to revenue than 72% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

36th percentile

4.4%

Higher net margin than 36% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

52nd percentile

$0

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

30th percentile

0.3%

Faster asset growth than 30% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

13th percentile

-26%

Faster revenue growth than 13% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets59th percentile

Assets

Up

$544,206

Up $1,441 (+0.3%) from 2020

Net Assets

Up

$513,264

Up $7,632 (+1.5%) from 2020

Liabilities

Down

$30,942

Down $6,191 (-17%) from 2020

Revenue And Expenses
Liabilities / Revenue72nd percentileNet Margin36th percentile

Revenue

Down

$174,526

Down $61,785 (-26%) from 2020

Expenses

Down

$166,894

Down $130,641 (-44%) from 2020

Net Income

Up

$7,632

Up $68,856 (+112%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth30th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0Assets 2010: $934,198Liabilities 2010: $398,085Net Assets 2010: $536,1132010Assets 2012: $841,739Liabilities 2012: $243,370Net Assets 2012: $598,3692012Assets 2013: $880,925Liabilities 2013: $226,614Net Assets 2013: $654,3112013Assets 2014: $893,061Liabilities 2014: $176,413Net Assets 2014: $716,6482014Assets 2015: $827,035Liabilities 2015: $139,575Net Assets 2015: $687,4602015Assets 2016: $748,285Liabilities 2016: $76,509Net Assets 2016: $671,7762016Assets 2017: $682,289Liabilities 2017: $29,171Net Assets 2017: $653,1182017Assets 2018: $630,249Liabilities 2018: $21,420Net Assets 2018: $608,8292018Assets 2019: $580,366Liabilities 2019: $13,510Net Assets 2019: $566,8562019Assets 2020: $542,765Liabilities 2020: $37,133Net Assets 2020: $505,6322020Assets 2021: $544,206Liabilities 2021: $30,942Net Assets 2021: $513,2642021Assets 2022: $526,594Liabilities 2022: $24,615Net Assets 2022: $501,9792022Assets 2023: $432,587Liabilities 2023: $18,149Net Assets 2023: $414,4382023Assets 2024: $416,242Liabilities 2024: $39,730Net Assets 2024: $376,5122024Assets 2025: $371,657Liabilities 2025: $10,214Net Assets 2025: $361,4432025

Highlighted filing

2021

Assets$544,206
Liabilities$30,942
Net Assets$513,264
Open 2021 Filing

Operations Trend

Revenue Growth13th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KRevenue 2010: $224,660Expenses 2010: $163,322Net Income 2010: $61,3382010Revenue 2012: $186,919Expenses 2012: $177,647Net Income 2012: $9,2722012Revenue 2013: $233,565Expenses 2013: $177,623Net Income 2013: $55,9422013Revenue 2014: $245,498Expenses 2014: $183,161Net Income 2014: $62,3372014Revenue 2015: $198,085Expenses 2015: $227,273Net Income 2015: -$29,1882015Revenue 2016: $188,922Expenses 2016: $204,606Net Income 2016: -$15,6842016Revenue 2017: $192,670Expenses 2017: $211,328Net Income 2017: -$18,6582017Revenue 2018: $194,228Expenses 2018: $238,517Net Income 2018: -$44,2892018Revenue 2019: $191,022Expenses 2019: $232,995Net Income 2019: -$41,9732019Revenue 2020: $236,311Expenses 2020: $297,535Net Income 2020: -$61,2242020Revenue 2021: $174,526Expenses 2021: $166,894Net Income 2021: $7,6322021Revenue 2022: $224,948Expenses 2022: $236,233Net Income 2022: -$11,2852022Revenue 2023: $157,076Expenses 2023: $244,617Net Income 2023: -$87,5412023Revenue 2024: $247,767Expenses 2024: $285,693Net Income 2024: -$37,9262024Revenue 2025: $243,556Expenses 2025: $258,625Net Income 2025: -$15,0692025

Highlighted filing

2021

Revenue$174,526
Expenses$166,894
Net Income$7,632
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Mar 1, 2020 to Feb 28, 2021
Signed
Oct 1, 2021
Return Version
2020v4.0
Gross Receipts
$174,526
Mission and Program Overview

Mission

Operate and rehabilitate a historic theater.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$477,077$411,939▼ $65,138
Cash and Non-Interest-Bearing Accounts$5,688$72,267▲ $66,579
Savings and Temporary Cash Investments$60,000$60,000→ $0
Total Assets$542,765$544,206▲ $1,441
Liabilities
Other Liabilities$37,133$30,942▼ $6,191
Total Liabilities$37,133$30,942▼ $6,191
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$505,632$513,264▲ $7,632
Total Net Assets Fund Balance$505,632$513,264▲ $7,632
Total Liabilities and Net Assets / Fund Balance$542,765$544,206▲ $1,441

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$331,558$720,946$1,052,504
Equipment$75,381$139,929$215,310
Land$5,000-$5,000
Compensation and Service Providers
Top Officer Pay52nd percentile

Board Members and Trustees

NameTitle
Louella VoigtPresident
Bill StegemannDirector
David VisDirector
Deb AanensonDirector
Diane OssenfortDirector
Eugene MarshallDirector
Jim JuhlDirector
Lorna BryanDirector
Mark VanaartsenDirector
Molly CarbonneauDirector
Verlyn Van BataviaDirector
Heidi SehrSecretary
Ladonna VanaartsenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$144,411
Program Service Revenue
$17,558
Investment Income
$8
Other Revenue
$12,549
All Other Contributions
$144,411
Change in Net Assets
$7,632
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$166,894
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$65,138--$65,138
Occupancy$37,353--$37,353
Advertising$2,414--$2,414
Fees for Services Accounting$1,125--$1,125
Interest$894--$894
Other Expenses$816--$816
All Other Expenses$628--$628
Total Functional Expenses$166,894$0$0$166,894
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Note Payable-city of Luverne$25,611
Note Payable - City of Luverne$5,331
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“PROVIDED UPON REQUEST.”

Filing and Contact Details

Filer

Filer Name
Blue Mound Area Theater
EIN
41-1372640
Phone
5072839546
Address
127 E MAIN PO BOX 541, LUVERNE, MN 56156-0541

Signing Officer

Name
Ladonna Vanaartsen
Title
Treasurer
Signed
2021-10-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ladonna Vanaartsen
Formed
1971
Legal Domicile
Mn
Voting Board Members
12
Independent Board Members
12
Employees
2
Volunteers
40

Preparer

Firm
Meulebroeck Taubert & Co Pllp
Address
109 S FREEMAN AVE, LUVERNE, MN 56156-0685
Preparer
David W Friedrichsen
Phone
5072834055
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

“Funds used to rehab a historic theater”

Raw XML Appendix394 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0OPERATE AND REHABILITATE A HISTORIC THEATER.
IRS990/AdvertisingGrp/ProgramServicesAmt02414
IRS990/AdvertisingGrp/TotalAmt02414
IRS990/AllOtherContributionsAmt0144411
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0628
IRS990/AllOtherExpensesGrp/TotalAmt0628
IRS990/BooksInCareOfDetail/PersonNm0LADONNA VANAARTSEN
IRS990/BooksInCareOfDetail/PhoneNum05072834463
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0492 120TH AVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0LUVERNE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd056156
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt05688
IRS990/CashNonInterestBearingGrp/EOYAmt072267
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0144411
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt08
IRS990/CYOtherExpensesAmt0166894
IRS990/CYOtherRevenueAmt012549
IRS990/CYProgramServiceRevenueAmt017558
IRS990/CYRevenuesLessExpensesAmt07632
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0166894
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0174526
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt065138
IRS990/DepreciationDepletionGrp/TotalAmt065138
IRS990/Desc0FUNDS USED TO RESTORE HISTORIC THEATER
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt02
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt01125
IRS990/FeesForServicesAccountingGrp/TotalAmt01125
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/PersonNm0DEB AANENSON
IRS990/Form990PartVIISectionAGrp/PersonNm1VERLYN VAN BATAVIA
IRS990/Form990PartVIISectionAGrp/PersonNm2LORNA BRYAN
IRS990/Form990PartVIISectionAGrp/PersonNm3MOLLY CARBONNEAU
IRS990/Form990PartVIISectionAGrp/PersonNm4JIM JUHL
IRS990/Form990PartVIISectionAGrp/PersonNm5EUGENE MARSHALL
IRS990/Form990PartVIISectionAGrp/PersonNm6DIANE OSSENFORT
IRS990/Form990PartVIISectionAGrp/PersonNm7BILL STEGEMANN
IRS990/Form990PartVIISectionAGrp/PersonNm8MARK VANAARTSEN
IRS990/Form990PartVIISectionAGrp/PersonNm9DAVID VIS
IRS990/Form990PartVIISectionAGrp/PersonNm10HEIDI SEHR
IRS990/Form990PartVIISectionAGrp/PersonNm11LADONNA VANAARTSEN
IRS990/Form990PartVIISectionAGrp/PersonNm12LOUELLA VOIGT
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt11TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt12PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01971
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0174526
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt012
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InterestGrp/ProgramServicesAmt0894
IRS990/InterestGrp/TotalAmt0894
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt08
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt08
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0860875
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0477077
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0411939
IRS990/LandBldgEquipCostOrOtherBssAmt01272814
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0OPERATE AND REHABILITATE A HISTORIC THEATER.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0505632
IRS990/NetAssetsOrFundBalancesEOYAmt0513264
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0505632
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0513264
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt037353
IRS990/OccupancyGrp/TotalAmt037353
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0COGS
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc2SUPPLIES
IRS990/OtherExpensesGrp/Desc3DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/ProgramServicesAmt051859
IRS990/OtherExpensesGrp/ProgramServicesAmt13418
IRS990/OtherExpensesGrp/ProgramServicesAmt23249
IRS990/OtherExpensesGrp/ProgramServicesAmt3816
IRS990/OtherExpensesGrp/TotalAmt051859
IRS990/OtherExpensesGrp/TotalAmt13418
IRS990/OtherExpensesGrp/TotalAmt23249
IRS990/OtherExpensesGrp/TotalAmt3816
IRS990/OtherLiabilitiesGrp/BOYAmt037133
IRS990/OtherLiabilitiesGrp/EOYAmt030942
IRS990/OtherRevenueMiscGrp/Desc0PPP LOAN FORGIVENESS
IRS990/OtherRevenueMiscGrp/Desc1EIDL GRANT FORGIVENESS
IRS990/OtherRevenueMiscGrp/Desc2MISC
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt09630
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt12000
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt2919
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt09630
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt12000
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt2919
IRS990/OtherRevenueTotalAmt012549
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0LADONNA VANAARTSEN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0OFFICE & RETAIL SPACE
IRS990/ProgramServiceRevenueGrp/Desc1THEATER OPERATIONS
IRS990/ProgramServiceRevenueGrp/ExclusionAmt012000
IRS990/ProgramServiceRevenueGrp/ExclusionAmt15558
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt012000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt15558
IRS990/ProgSrvcAccomActyOtherGrp/Desc0FUNDS USED TO REHAB A HISTORIC THEATER
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0166894
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt076991
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0297535
IRS990/PYProgramServiceRevenueAmt0159320
IRS990/PYRevenuesLessExpensesAmt0-61224
IRS990/PYTotalExpensesAmt0297535
IRS990/PYTotalRevenueAmt0236311
IRS990/ReconcilationRevenueExpnssAmt07632
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt060000
IRS990/SavingsAndTempCashInvstGrp/EOYAmt060000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0144411
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt076991
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt027729
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt024487
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt036430
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0310048
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt012000
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt014600
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt026600
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt012557
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0159320
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0163290
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0169741
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0156240
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0661148
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt05558
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt05558
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt012000
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt014600
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt026600
IRS990ScheduleA/InvestmentIncomeCYPct00.03000
IRS990ScheduleA/InvestmentIncomePYPct00.01000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.82140
IRS990ScheduleA/PublicSupportPY509Pct00.68710
IRS990ScheduleA/PublicSupportTotal509Amt0824114
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt01400
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt0151240
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0152640
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt01400
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt0151240
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt0152640
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0162526
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0236311
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0191019
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0194228
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0192670
IRS990ScheduleA/Total509Grp/TotalAmt0976754
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0174526
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0250911
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0191019
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0194228
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0192670
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01003354
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0331558
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0720946
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01052504
IRS990ScheduleD/EquipmentGrp/BookValueAmt075381
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0139929
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0215310
IRS990ScheduleD/LandGrp/BookValueAmt05000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt05000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt025611
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt15331
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NOTE PAYABLE-CITY OF LUVERNE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1NOTE PAYABLE - CITY OF LUVERNE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0411939
IRS990ScheduleD/TotalLiabilityAmt030942
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FUNDS USED TO REHAB A HISTORIC THEATER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PROVIDED UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0542765
IRS990/TotalAssetsEOYAmt0544206
IRS990/TotalAssetsGrp/BOYAmt0542765
IRS990/TotalAssetsGrp/EOYAmt0544206
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0144411
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0166894
IRS990/TotalFunctionalExpensesGrp/TotalAmt0166894
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt037133
IRS990/TotalLiabilitiesEOYAmt030942
IRS990/TotalLiabilitiesGrp/BOYAmt037133
IRS990/TotalLiabilitiesGrp/EOYAmt030942
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0505632
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0513264
IRS990/TotalOtherProgSrvcExpenseAmt0166894
IRS990/TotalProgramServiceExpensesAmt0166894
IRS990/TotalProgramServiceRevenueAmt017558
IRS990/TotalRevenueGrp/ExclusionAmt017558
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt012557
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0174526
IRS990/TotalVolunteersCnt040
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0542765
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0544206
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0492 120TH AVE
IRS990/USAddress/CityNm0LUVERNE
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd056156
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LADONNA VANAARTSEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-10-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BLUE MOUND AREA THEATER
ReturnHeader/Filer/BusinessNameControlTxt0BLUE
ReturnHeader/Filer/EIN0411372640
ReturnHeader/Filer/PhoneNum05072839546
ReturnHeader/Filer/USAddress/AddressLine1Txt0127 E MAIN PO BOX 541
ReturnHeader/Filer/USAddress/CityNm0LUVERNE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd0561560541
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411987097
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MEULEBROECK TAUBERT & CO PLLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0109 S FREEMAN AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LUVERNE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0561560685
ReturnHeader/PreparerPersonGrp/PhoneNum05072834055
ReturnHeader/PreparerPersonGrp/PreparationDt02021-10-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID W FRIEDRICHSEN
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-10-25T08:06:30-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0LADONNA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0VANAARTSEN
ReturnHeader/TaxPeriodBeginDt02020-03-01
ReturnHeader/TaxPeriodEndDt02021-02-28
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$544,206
Liabilities
$30,942
Net assets
$513,264
Revenue
$174,526
Expenses
$166,894
Net income
$7,632
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.72$0.10$3.61$2.44$2.59$0.15
2024Detailed filing. Detailed filing data is available for this year.$4.16$0.40$3.77$2.48$2.86$0.38
2023Detailed filing. Detailed filing data is available for this year.$4.33$0.18$4.14$1.57$2.45$0.88
2022Detailed filing. Detailed filing data is available for this year.$5.27$0.25$5.02$2.25$2.36$0.11
2021Detailed filing. Detailed filing data is available for this year.$5.44$0.31$5.13$1.75$1.67$0.08
2020Detailed filing. Detailed filing data is available for this year.$5.43$0.37$5.06$2.36$2.98$0.61
2019Summary only. Only limited summary data is available for this year.$5.80$0.14$5.67$1.91$2.33$0.42
2018Summary only. Only limited summary data is available for this year.$6.30$0.21$6.09$1.94$2.39$0.44
2017Summary only. Only limited summary data is available for this year.$6.82$0.29$6.53$1.93$2.11$0.19
2016Summary only. Only limited summary data is available for this year.$7.48$0.77$6.72$1.89$2.05$0.16
2015Summary only. Only limited summary data is available for this year.$8.27$1.40$6.87$1.98$2.27$0.29
2014Summary only. Only limited summary data is available for this year.$8.93$1.76$7.17$2.45$1.83$0.62
2013Summary only. Only limited summary data is available for this year.$8.81$2.27$6.54$2.34$1.78$0.56
2012Summary only. Only limited summary data is available for this year.$8.42$2.43$5.98$1.87$1.78$0.09
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.34$3.98$5.36$2.25$1.63$0.61